The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Niacin (Vitamin B3)-Global Market Insights and Sales Trends 2025
Synopsis
This report studies the Vitamin B3 market, Niacin, also known as nicotinic acid, is an organic compound and is, depending on the definition used, one of the 20 to 80 essential human nutrients. Together with nicotinamide it makes up the group known as vitamin B3 complex. It has the formula C6H5NO2 and belongs to the group of the pyridinecarboxylic acids.
The global Niacin (Vitamin B3) market size is expected to reach US$ 573.3 million by 2029, growing at a CAGR of -1.8% from 2023 to 2029. The market is mainly driven by the significant applications of Niacin (Vitamin B3) in various end use industries. The expanding demands from the Feed Additives, Food and Drinks Industry, Pharmaceutical Industry and Daily Chemicals, are propelling Niacin (Vitamin B3) market. Pharmaceutical Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Feed Grade segment is estimated at % CAGR for the next seven-year period.
Global Niacin (Vitamin B3) key players include Lonza, Jubilant Life Sciences, Vertellus, Brother Enterprises, Zhejiang Lanbo Biotechnology, etc. Global top five manufacturers hold a share about 85%. China is the largest market, with a share about 50%, followed by Europe, with a share about 25 percent. In terms of product, Feed Grade is the largest segment, with a share about 90%. And in terms of application, the largest application is Feed Additives, followed by Food and Drinks Industry, Pharmaceutical Industry, Daily Chemicals, etc.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Niacin (Vitamin B3), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Niacin (Vitamin B3) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Niacin (Vitamin B3) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Niacin (Vitamin B3) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Niacin (Vitamin B3) covered in this report include Lonza, Jubilant Life Sciences, Vertellus, Brother Enterprises, Zhejiang Lanbo Biotechnology, Lasons India, Vanetta, DSM and Tianjin Zhongrui Pharmaceutical, etc.
The global Niacin (Vitamin B3) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Lonza
Jubilant Life Sciences
Vertellus
Brother Enterprises
Zhejiang Lanbo Biotechnology
Lasons India
Vanetta
DSM
Tianjin Zhongrui Pharmaceutical
Resonance Specialties
Global Niacin (Vitamin B3) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Niacin (Vitamin B3) market, Segment by Type:
Pharmaceutical Grade
Feed Grade
Global Niacin (Vitamin B3) market, by Application
Feed Additives
Food and Drinks Industry
Pharmaceutical Industry
Daily Chemicals
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Niacin (Vitamin B3) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Niacin (Vitamin B3) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
This report studies the Vitamin B3 market, Niacin, also known as nicotinic acid, is an organic compound and is, depending on the definition used, one of the 20 to 80 essential human nutrients. Together with nicotinamide it makes up the group known as vitamin B3 complex. It has the formula C6H5NO2 and belongs to the group of the pyridinecarboxylic acids.
The global Niacin (Vitamin B3) market size is expected to reach US$ 573.3 million by 2029, growing at a CAGR of -1.8% from 2023 to 2029. The market is mainly driven by the significant applications of Niacin (Vitamin B3) in various end use industries. The expanding demands from the Feed Additives, Food and Drinks Industry, Pharmaceutical Industry and Daily Chemicals, are propelling Niacin (Vitamin B3) market. Pharmaceutical Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Feed Grade segment is estimated at % CAGR for the next seven-year period.
Global Niacin (Vitamin B3) key players include Lonza, Jubilant Life Sciences, Vertellus, Brother Enterprises, Zhejiang Lanbo Biotechnology, etc. Global top five manufacturers hold a share about 85%. China is the largest market, with a share about 50%, followed by Europe, with a share about 25 percent. In terms of product, Feed Grade is the largest segment, with a share about 90%. And in terms of application, the largest application is Feed Additives, followed by Food and Drinks Industry, Pharmaceutical Industry, Daily Chemicals, etc.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Niacin (Vitamin B3), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Niacin (Vitamin B3) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Niacin (Vitamin B3) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Niacin (Vitamin B3) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Niacin (Vitamin B3) covered in this report include Lonza, Jubilant Life Sciences, Vertellus, Brother Enterprises, Zhejiang Lanbo Biotechnology, Lasons India, Vanetta, DSM and Tianjin Zhongrui Pharmaceutical, etc.
The global Niacin (Vitamin B3) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Lonza
Jubilant Life Sciences
Vertellus
Brother Enterprises
Zhejiang Lanbo Biotechnology
Lasons India
Vanetta
DSM
Tianjin Zhongrui Pharmaceutical
Resonance Specialties
Global Niacin (Vitamin B3) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Niacin (Vitamin B3) market, Segment by Type:
Pharmaceutical Grade
Feed Grade
Global Niacin (Vitamin B3) market, by Application
Feed Additives
Food and Drinks Industry
Pharmaceutical Industry
Daily Chemicals
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Niacin (Vitamin B3) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Niacin (Vitamin B3) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Niacin (Vitamin B3) Market Overview
1.1 Niacin (Vitamin B3) Product Overview
1.2 Niacin (Vitamin B3) Market Segment by Type
1.2.1 Pharmaceutical Grade
1.2.2 Feed Grade
1.3 Global Niacin (Vitamin B3) Market Size by Type
1.3.1 Global Niacin (Vitamin B3) Market Size Overview by Type (2018-2029)
1.3.2 Global Niacin (Vitamin B3) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Niacin (Vitamin B3) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Niacin (Vitamin B3) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Niacin (Vitamin B3) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Niacin (Vitamin B3) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Niacin (Vitamin B3) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Niacin (Vitamin B3) Sales Breakdown by Type (2018-2023)
2 Global Niacin (Vitamin B3) Market Competition by Company
2.1 Global Top Players by Niacin (Vitamin B3) Sales (2018-2023)
2.2 Global Top Players by Niacin (Vitamin B3) Revenue (2018-2023)
2.3 Global Top Players by Niacin (Vitamin B3) Price (2018-2023)
2.4 Global Top Manufacturers Niacin (Vitamin B3) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Niacin (Vitamin B3) Market Competitive Situation and Trends
2.5.1 Niacin (Vitamin B3) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Niacin (Vitamin B3) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Niacin (Vitamin B3) as of 2022)
2.7 Date of Key Manufacturers Enter into Niacin (Vitamin B3) Market
2.8 Key Manufacturers Niacin (Vitamin B3) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Niacin (Vitamin B3) Status and Outlook by Region
3.1 Global Niacin (Vitamin B3) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Niacin (Vitamin B3) Historic Market Size by Region
3.2.1 Global Niacin (Vitamin B3) Sales in Volume by Region (2018-2023)
3.2.2 Global Niacin (Vitamin B3) Sales in Value by Region (2018-2023)
3.2.3 Global Niacin (Vitamin B3) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Niacin (Vitamin B3) Forecasted Market Size by Region
3.3.1 Global Niacin (Vitamin B3) Sales in Volume by Region (2024-2029)
3.3.2 Global Niacin (Vitamin B3) Sales in Value by Region (2024-2029)
3.3.3 Global Niacin (Vitamin B3) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Niacin (Vitamin B3) by Application
4.1 Niacin (Vitamin B3) Market Segment by Application
4.1.1 Feed Additives
4.1.2 Food and Drinks Industry
4.1.3 Pharmaceutical Industry
4.1.4 Daily Chemicals
4.2 Global Niacin (Vitamin B3) Market Size by Application
4.2.1 Global Niacin (Vitamin B3) Market Size Overview by Application (2018-2029)
4.2.2 Global Niacin (Vitamin B3) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Niacin (Vitamin B3) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Niacin (Vitamin B3) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Niacin (Vitamin B3) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Niacin (Vitamin B3) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Niacin (Vitamin B3) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Niacin (Vitamin B3) Sales Breakdown by Application (2018-2023)
5 North America Niacin (Vitamin B3) by Country
5.1 North America Niacin (Vitamin B3) Historic Market Size by Country
5.1.1 North America Niacin (Vitamin B3) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Niacin (Vitamin B3) Sales in Volume by Country (2018-2023)
5.1.3 North America Niacin (Vitamin B3) Sales in Value by Country (2018-2023)
5.2 North America Niacin (Vitamin B3) Forecasted Market Size by Country
5.2.1 North America Niacin (Vitamin B3) Sales in Volume by Country (2024-2029)
5.2.2 North America Niacin (Vitamin B3) Sales in Value by Country (2024-2029)
6 Europe Niacin (Vitamin B3) by Country
6.1 Europe Niacin (Vitamin B3) Historic Market Size by Country
6.1.1 Europe Niacin (Vitamin B3) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Niacin (Vitamin B3) Sales in Volume by Country (2018-2023)
6.1.3 Europe Niacin (Vitamin B3) Sales in Value by Country (2018-2023)
6.2 Europe Niacin (Vitamin B3) Forecasted Market Size by Country
6.2.1 Europe Niacin (Vitamin B3) Sales in Volume by Country (2024-2029)
6.2.2 Europe Niacin (Vitamin B3) Sales in Value by Country (2024-2029)
7 Asia-Pacific Niacin (Vitamin B3) by Region
7.1 Asia-Pacific Niacin (Vitamin B3) Historic Market Size by Region
7.1.1 Asia-Pacific Niacin (Vitamin B3) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Niacin (Vitamin B3) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Niacin (Vitamin B3) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Niacin (Vitamin B3) Forecasted Market Size by Region
7.2.1 Asia-Pacific Niacin (Vitamin B3) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Niacin (Vitamin B3) Sales in Value by Region (2024-2029)
8 Latin America Niacin (Vitamin B3) by Country
8.1 Latin America Niacin (Vitamin B3) Historic Market Size by Country
8.1.1 Latin America Niacin (Vitamin B3) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Niacin (Vitamin B3) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Niacin (Vitamin B3) Sales in Value by Country (2018-2023)
8.2 Latin America Niacin (Vitamin B3) Forecasted Market Size by Country
8.2.1 Latin America Niacin (Vitamin B3) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Niacin (Vitamin B3) Sales in Value by Country (2024-2029)
9 Middle East and Africa Niacin (Vitamin B3) by Country
9.1 Middle East and Africa Niacin (Vitamin B3) Historic Market Size by Country
9.1.1 Middle East and Africa Niacin (Vitamin B3) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Niacin (Vitamin B3) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Niacin (Vitamin B3) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Niacin (Vitamin B3) Forecasted Market Size by Country
9.2.1 Middle East and Africa Niacin (Vitamin B3) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Niacin (Vitamin B3) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Lonza
10.1.1 Lonza Company Information
10.1.2 Lonza Introduction and Business Overview
10.1.3 Lonza Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Lonza Niacin (Vitamin B3) Products Offered
10.1.5 Lonza Recent Development
10.2 Jubilant Life Sciences
10.2.1 Jubilant Life Sciences Company Information
10.2.2 Jubilant Life Sciences Introduction and Business Overview
10.2.3 Jubilant Life Sciences Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Jubilant Life Sciences Niacin (Vitamin B3) Products Offered
10.2.5 Jubilant Life Sciences Recent Development
10.3 Vertellus
10.3.1 Vertellus Company Information
10.3.2 Vertellus Introduction and Business Overview
10.3.3 Vertellus Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Vertellus Niacin (Vitamin B3) Products Offered
10.3.5 Vertellus Recent Development
10.4 Brother Enterprises
10.4.1 Brother Enterprises Company Information
10.4.2 Brother Enterprises Introduction and Business Overview
10.4.3 Brother Enterprises Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Brother Enterprises Niacin (Vitamin B3) Products Offered
10.4.5 Brother Enterprises Recent Development
10.5 Zhejiang Lanbo Biotechnology
10.5.1 Zhejiang Lanbo Biotechnology Company Information
10.5.2 Zhejiang Lanbo Biotechnology Introduction and Business Overview
10.5.3 Zhejiang Lanbo Biotechnology Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Zhejiang Lanbo Biotechnology Niacin (Vitamin B3) Products Offered
10.5.5 Zhejiang Lanbo Biotechnology Recent Development
10.6 Lasons India
10.6.1 Lasons India Company Information
10.6.2 Lasons India Introduction and Business Overview
10.6.3 Lasons India Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Lasons India Niacin (Vitamin B3) Products Offered
10.6.5 Lasons India Recent Development
10.7 Vanetta
10.7.1 Vanetta Company Information
10.7.2 Vanetta Introduction and Business Overview
10.7.3 Vanetta Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Vanetta Niacin (Vitamin B3) Products Offered
10.7.5 Vanetta Recent Development
10.8 DSM
10.8.1 DSM Company Information
10.8.2 DSM Introduction and Business Overview
10.8.3 DSM Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 DSM Niacin (Vitamin B3) Products Offered
10.8.5 DSM Recent Development
10.9 Tianjin Zhongrui Pharmaceutical
10.9.1 Tianjin Zhongrui Pharmaceutical Company Information
10.9.2 Tianjin Zhongrui Pharmaceutical Introduction and Business Overview
10.9.3 Tianjin Zhongrui Pharmaceutical Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Tianjin Zhongrui Pharmaceutical Niacin (Vitamin B3) Products Offered
10.9.5 Tianjin Zhongrui Pharmaceutical Recent Development
10.10 Resonance Specialties
10.10.1 Resonance Specialties Company Information
10.10.2 Resonance Specialties Introduction and Business Overview
10.10.3 Resonance Specialties Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Resonance Specialties Niacin (Vitamin B3) Products Offered
10.10.5 Resonance Specialties Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Niacin (Vitamin B3) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Niacin (Vitamin B3) Industrial Chain Analysis
11.4 Niacin (Vitamin B3) Market Dynamics
11.4.1 Niacin (Vitamin B3) Industry Trends
11.4.2 Niacin (Vitamin B3) Market Drivers
11.4.3 Niacin (Vitamin B3) Market Challenges
11.4.4 Niacin (Vitamin B3) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Niacin (Vitamin B3) Distributors
12.3 Niacin (Vitamin B3) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Life Science Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
